In Brazil, climate advocates argue for the integration of climate policy into economic strategy. Finance Minister Fernando Haddad's recent discussions highlight Brazil's commitment to environmental sustainability, including a new financing mechanism for forest protection and the introduction of a domestic carbon price. Brazil's rich ecological resources—its farmland for biofuels and hydropower-driven electricity grid—coupled with effective digital policy, provide a pathway for sustainable economic development, positioning the country as a leader in the green economy under the Lula administration.
Under President Jair Bolsonaro, Brazil's focus moved away from environmental protection, creating uncertainty about how the nation would conduct its climate policy.
Haddad emphasizes that Brazil's clean energy resources, when combined with a smart digital policy, can significantly boost economic development while addressing climate change.
The Lula government views green development not only as a response to climate vulnerability but also as a significant economic opportunity for the country.
Brazil’s ability to anchor its economic development in the green transition is closely linked to its rich ecological resources, like biofuels and hydropower.
Collection
[
|
...
]